Aug 1 (Reuters) - International Consolidated Airlines Group SA: * INTL CON AIRLINE GRP - IAG TERMINATES ACQUISITION OF AIR EUROPA * IAG: BOARD CONCLUDED THAT IN CURRENT REGULATORY ENVIRONMENT IT WOULD NOT BE IN BEST INTERESTS OF SHAREHOLDERS TO CONTINUE WITH TRANSACTION * IAG: WILL PAY GLOBALIA EUR 50 MILLION AS A BREAK FEE AS A RESULT OF TERMINATION...

12:29 PM EDT, 08/01/2024 (MT Newswires) -- Western Digital ( WDC ) has a pattern of conservative guidance followed by significant upside in actual earnings, which in turn is often overshadowed by new guidance, Morgan Stanley said in a note Thursday. But none of that changes the fact that numbers are moving up materially over time, and that we are...

HF Sinclair Corporation ( DINO ) shares are trading lower after it reported second-quarter FY24 results. Revenues remained flat Y/Y at $7.845 billion, beating the consensus of $7.649 billion. Adjusted EBITDA fell 53% Y/Y to $405.8 million in the quarter.  The Refining segment’s adjusted EBITDA fell to $186.9 million from $732.4 million a year earlier due to reduced refinery gross margins in the West and Mid-Continent regions caused by high...

On Thursday, Cigna Corporation reported second-quarter sales of $60.52 billion, up 25% year-over-year, beating the consensus of $58.33 billion. The increase was primarily driven by significant growth in Evernorth Health Services, reflecting several large client wins. Adjusted income from operations increased 5% to $1.91 billion, reflecting strong contributions from Evernorth Health Services and Cigna Healthcare. Also Read: Cigna’s Specialty Pharmacy Leadership Expected...